The largest subservicer of reverse mortgages marked another business milestone this week by appointing its first inside Counsel.

Martha Belcher joined the Lansing, Mich.-based Celink as its executive vice president and general counsel.

“Using outside counsel has been effective for Celink, and Martha will manage those valuable partners to help us navigate during this very exciting time of Celink’s growth,” CEO Jason McNamara said in a statement announcing Belcher’s hire.

“In-house counsel enhances Celink’s service offering, and our clients are very excited about Martha coming on board,” McNamara said.

“It is terrific becoming a part of the Celink team,” Belcher said in the statement. “I look forward to using my knowledge and experience to further support Celink’s leadership role in this important and dynamic industry.”

Back in October, Celink won the right to subservice the $900 million Financial Freedom portfolio of reverse mortgages, which CIT Group sold to an undisclosed buyer. Former Financial Freedom employees were being transitioned to the Celink team, sources confirmed to RMD.

Written by Alex Spanko